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    OFF-MARKET
    Mixed-use properties

    4253 Otter Lake Rd, Otter Lake, MI 48464

    6,900 SF 127.98 ac lot Built 2019
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey mining operation in Otter Lake, MI, presents a lucrative investment opportunity. The property encompasses 127.98 acres of land zoned for agricultural use, boasting over 10 tons of aggregate reserves, ideal for topsoil, sand, gravel, or stone extraction. A 6,900 square foot, three-story building constructed in 2019 is included, featuring five loading docks, six dock-high doors, and a remarkable 48-foot ceiling height. The building's versatile layout includes a reception area, maintenance and storage bays, a conference room, and living quarters. Over $1.6 million in equipment is included in the sale. The property is currently operating as a business, offering immediate revenue potential. The APN is 013-010-011-10. The sale includes the building, land, equipment, and existing business operations. Occupancy is available December 5th, 2024. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential. The asking price is $5,750,000.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2019
    Total area 6,900 SF
    Lot 127.98 ac (5,574,809 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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